Short Interest in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Increases By 61.5%

Posted by Donald Scott on Oct 27th, 2024

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 10,500 shares, a growth of 61.5% from the September 30th total of 6,500 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is currently 3.9 days.

Institutional Trading of Invesco Nasdaq Free Cash Flow Achievers ETF

An institutional investor recently bought a new position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC bought a new position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 80,327 shares of the company’s stock, valued at approximately $2,435,000. Wealth Enhancement Advisory Services LLC owned about 40.16% of Invesco Nasdaq Free Cash Flow Achievers ETF at the end of the most recent reporting period.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Up 0.1 %

Shares of NASDAQ:QOWZ opened at $32.65 on Friday. Invesco Nasdaq Free Cash Flow Achievers ETF has a 52-week low of $23.79 and a 52-week high of $33.51. The stock has a market cap of $8.49 million, a price-to-earnings ratio of 31.80 and a beta of 1.34. The business has a 50-day moving average price of $31.89 and a 200-day moving average price of $30.21.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.065 per share. The ex-dividend date was Monday, September 23rd. This is a positive change from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.03. This represents a $0.26 dividend on an annualized basis and a yield of 0.80%.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

(Get Free Report)

The Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an exchange-traded fund that is based on the Nasdaq US Free Cash Flow Achievers index. The fund is passively managed, tracking an index composed of US-listed companies that are perceived to have strong free cash flow and show consistent growth.